Top 10 Student Loan Tools for Startup Success
Managing student loans can be a daunting task, especially for those who are just starting their entrepreneurial journey. However, with the right tools, this process can be made much easier. These tools can help you keep track of your loans, make payments on time, and even help you save money in the long run. Here are the top 10 student loan tools that can help you succeed in your startup.
1. Mint
Mint is a popular personal finance app that allows you to track your spending, create budgets, and manage your loans all in one place. It’s a great tool for keeping an eye on your financial health as you navigate the world of startups.
2. Student Loan Hero
Student Loan Hero is a comprehensive tool that helps you manage your student loans effectively. It offers personalized repayment plans and refinancing options, making it easier for you to pay off your loans.
3. Credit Karma
Credit Karma is a free tool that allows you to monitor your credit score and report. It also provides personalized loan and credit card offers based on your credit profile, which can be helpful for managing your student loans.
4. Navient
Navient is a loan servicer that offers a variety of tools to help manage your student loans. These include online account management, payment calculators, and financial education resources.
5. Earnest
Earnest is a lending company that offers student loan refinancing. Their platform allows you to customize your loan terms to fit your budget, potentially saving you money over the life of your loan.
6. SoFi
SoFi is another lending company that offers student loan refinancing. They also provide financial planning and career counseling, which can be beneficial for startup entrepreneurs.
7. CommonBond
CommonBond is a platform that offers student loan refinancing and consolidation. They also have a social promise to fund education for children in need for every loan they issue.
8. LoanBuddy
LoanBuddy is a tool that helps you find the best repayment plan for your student loans. It also tracks your loan forgiveness and provides you with updates on changes to student loan policies.
9. ChangEd
ChangEd is an app that rounds up your spare change from everyday purchases and applies it towards your student loan balance. It’s a simple way to chip away at your debt without thinking about it.
10. Tuition.io
Tuition.io is a platform that helps employers offer student loan repayment assistance as a benefit. If you’re starting a company and want to attract top talent, this could be a great tool to consider.
Managing student loans can be challenging, but with these tools, you can take control of your debt and focus on building your startup. Remember, the key to successful loan management is staying informed and making consistent payments.